Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat Alternatives

Little is known about the consumer preferences of next-generation plant-based and cell-based meat alternatives, two food technologies that offer a demand-side solution to the environmental, nutritional, and other societal concerns associated with animal-intensive agriculture. To address this gap, th...

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Main Authors: Rashmit S. Arora, Daniel A. Brent, Edward C. Jaenicke
Format: Article
Language:English
Published: MDPI AG 2020-05-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/11/4377
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spelling doaj-479b07e7eb54414f83dd895ffe3c45362020-11-25T03:17:20ZengMDPI AGSustainability2071-10502020-05-01124377437710.3390/su12114377Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat AlternativesRashmit S. Arora0Daniel A. Brent1Edward C. Jaenicke2Department of Agricultural Economics, Rural Sociology, and Education, The Pennsylvania State University, University Park, PA 16802, USADepartment of Agricultural Economics, Rural Sociology, and Education, The Pennsylvania State University, University Park, PA 16802, USADepartment of Agricultural Economics, Rural Sociology, and Education, The Pennsylvania State University, University Park, PA 16802, USALittle is known about the consumer preferences of next-generation plant-based and cell-based meat alternatives, two food technologies that offer a demand-side solution to the environmental, nutritional, and other societal concerns associated with animal-intensive agriculture. To address this gap, this paper estimates consumers’ willingness to pay for four sources of protein (conventional meat, plant-based meat, cell-based meat, and chickpeas) in a developing country with rising demand for meat—India. A latent class model of a discrete choice experiment conducted in Mumbai identifies four heterogeneous segments in the Indian market. Aggregating across all four segments, respondents are willing to pay a premium for plant-based meat and a smaller premium for cell-based meat over the price of conventional meat. However, our main findings show that these premiums strongly differ across the four consumer-class segments. The results offer important insights into future price points and policy options that might make these meat alternatives commercially successful, and therefore, a viable option in addressing societal concerns.https://www.mdpi.com/2071-1050/12/11/4377meat alternativeswillingness to payIndiachoice experimentlatent class modeldeveloping countries
collection DOAJ
language English
format Article
sources DOAJ
author Rashmit S. Arora
Daniel A. Brent
Edward C. Jaenicke
spellingShingle Rashmit S. Arora
Daniel A. Brent
Edward C. Jaenicke
Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat Alternatives
Sustainability
meat alternatives
willingness to pay
India
choice experiment
latent class model
developing countries
author_facet Rashmit S. Arora
Daniel A. Brent
Edward C. Jaenicke
author_sort Rashmit S. Arora
title Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat Alternatives
title_short Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat Alternatives
title_full Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat Alternatives
title_fullStr Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat Alternatives
title_full_unstemmed Is India Ready for Alt-Meat? Preferences and Willingness to Pay for Meat Alternatives
title_sort is india ready for alt-meat? preferences and willingness to pay for meat alternatives
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2020-05-01
description Little is known about the consumer preferences of next-generation plant-based and cell-based meat alternatives, two food technologies that offer a demand-side solution to the environmental, nutritional, and other societal concerns associated with animal-intensive agriculture. To address this gap, this paper estimates consumers’ willingness to pay for four sources of protein (conventional meat, plant-based meat, cell-based meat, and chickpeas) in a developing country with rising demand for meat—India. A latent class model of a discrete choice experiment conducted in Mumbai identifies four heterogeneous segments in the Indian market. Aggregating across all four segments, respondents are willing to pay a premium for plant-based meat and a smaller premium for cell-based meat over the price of conventional meat. However, our main findings show that these premiums strongly differ across the four consumer-class segments. The results offer important insights into future price points and policy options that might make these meat alternatives commercially successful, and therefore, a viable option in addressing societal concerns.
topic meat alternatives
willingness to pay
India
choice experiment
latent class model
developing countries
url https://www.mdpi.com/2071-1050/12/11/4377
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